Stefan Borson: Man United are in £1bn of debt – ‘We are in crazy days’
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Former Man City financial adviser Stefan Borson exclusively told Football Insider Man United are in £1bn of debt, including the money they owe on transfers.
Credit: Imago
Benjamin Sesko was Man United’s most expensive signing of the summer transfer window, having joined from RB Leipzig for around £74m.
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Speaking exclusively to Football Insider, Borson said: “If you were to add the financial debt and the transfer debts, i.e.
payments that they owe to other clubs for players, even on a net basis, so non-football debt and net football debt, so net as in including the receivables that they’re going to get from other clubs, they were owed at the end of June £100m by other clubs for players historically sold.
“We know they sold Garnacho and Antony, so I would think they probably got about a quarter of the monies on those.
“So, maybe they got £15m, which means that the net transfer debt at the end of the window would have had receivables included in it of let’s say £135m, maybe something like that.
I mean, it is pretty dry stuff.
Credit: Imago
“But if you add together the senior debt that they’ve got, which is the long-term debt, plus the debt that they have on the short-term facilities, together you’re talking about as of today, probably something like £650m plus the net transfer debt, you’re probably looking at £1bn of total net debt.
net financial debt plus net transfer debt of £1bn.